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. >> thank you. >>> president obama takes center stage to deliver his state of the union, a lot on the table, immigration reform, economy, massive debt. the response will come from marco rubio of florida. joining us, peter roskam of illinois, chief deputy whip for the republican conference. sir, nice to have you here. >> thank you very much. >> you're from illinois, you know a lot about spending, not that you helped create it. tonight are we going to hear anything about that side of the ledger, the spending, you think? >> you get the joke on illinois spending and it's in a downward spiral. it's a type of world view from an economic point of view that is completely an mating the white house. take illinois spending patterns and extrapolate that onto the u.s. economy, that's where the president is proposing to lead us about $26 trillion in debt. i don't think we're going to hear a lot about how the president can grow the economy through the private sector and why unemployment is still at a nagging 7.9%. i think that's where the action is and what he should be talking about but i don't thi
. >> thank you. >>> president obama takes center stage to deliver his state of the union, a lot on the table, immigration reform, economy, massive debt. the response will come from marco rubio of florida. joining us, peter roskam of illinois, chief deputy whip for the republican conference. sir, nice to have you here. >> thank you very much. >> you're from illinois, you know a lot about spending, not that you helped create it. tonight are we going to hear anything...
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Feb 8, 2013
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thanks a lot, brian white, tech analyst at topeka capital management. >> tom: president obama is once again pushing for a big deal to reduce the deficit. in a preview of the themes he'll lay out in next week's state of the union address, the president told house democrats today he'd press for a big agenda covering everything from fairness, and jobs to deficits and debt. darren gersh has more. >> reporter: with just a few weeks to go before automatic across the board spending cuts kick in, the president told fellow democrats his state of the union address next week will call for a change in course. >> i am prepared, eager and anxious to do a big deal, a big package, that ends this governance by crisis where every two weeks, or every two months, or every six months, we are threatening this hard-won recovery. >> reporter: republicans may not applaud during that part of the speech. they've blasted the president for offering symbolic solutions like a tax on corporate airplanes that would raise enough money to cover one month week of the automatic spending cuts know collectively as the sequ
thanks a lot, brian white, tech analyst at topeka capital management. >> tom: president obama is once again pushing for a big deal to reduce the deficit. in a preview of the themes he'll lay out in next week's state of the union address, the president told house democrats today he'd press for a big agenda covering everything from fairness, and jobs to deficits and debt. darren gersh has more. >> reporter: with just a few weeks to go before automatic across the board spending cuts...
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it's great to have you. >> thank you. >> you know how to light up a room, or a trading floor in this case. >> yeah, thank you. it was a lot of fun. this was my first time here. >> definitely the way to see it. this is the primo tour. when you get to come to the balcony. walk us through the new initiative that we have. do you have to try all of these? >> i tried more than this. i tried many, many, many flavors. i didn't try 4 million, but almost 4 million flavors were submitted to the consumers of this contest. i think the million-dollar prize attracted some people. but these are the three finalists. they're really interesting, good flavors. america gets to vote on the winner. >> can you describe what chicken and waffles tastes like? >> you don't know? have you never had chicken and waffles? >> no. >> i have, but i can't imagine it on a potato chip. >> that was a little interesting taste the first time i tasted it. but really creative. very interesting. the sarachi is nice. cheesy garlic bread is cheesy garlic bread. >> when i look at you, i don't think potato chips. >> oh, my god. i
it's great to have you. >> thank you. >> you know how to light up a room, or a trading floor in this case. >> yeah, thank you. it was a lot of fun. this was my first time here. >> definitely the way to see it. this is the primo tour. when you get to come to the balcony. walk us through the new initiative that we have. do you have to try all of these? >> i tried more than this. i tried many, many, many flavors. i didn't try 4 million, but almost 4 million flavors...
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Feb 12, 2013
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. >> all right, josh, thanks very much. yes, tonight president obama expected to address among many issues the automatic spending cuts scheduled to hit on march 1st. >> let's bring in democratic congressman chris van hollen of maryland who is no fan of these cuts. good to see you, sir. thanks for joining us. >> good to be with you. >> what's the alternative to the cuts right now? what would you like to see instead rather than the march 1st cuts taking effect? >> i would like to achieve the same amount of deficit reduction but instead of deep, meaningful and arbitrary cuts you spread that deficit reduction over a longer period of time so you don't get the drag on economic growth. our proposal is to replace that $85 billion in sequester with a combination of cuts by getting rid of some of the ag subsidies, direct paints that have no useful purpose, eliminating taxpayer subsidies for big oil companies, and then applying the buffet rule on incomes above $2 million. that would replace the sequester for a year and give us an oppo
. >> all right, josh, thanks very much. yes, tonight president obama expected to address among many issues the automatic spending cuts scheduled to hit on march 1st. >> let's bring in democratic congressman chris van hollen of maryland who is no fan of these cuts. good to see you, sir. thanks for joining us. >> good to be with you. >> what's the alternative to the cuts right now? what would you like to see instead rather than the march 1st cuts taking effect? >> i...
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joel, i'm glad you were here to help me do the math in realtime and rick, thanks a lot. >> okay, guys. coming up millions saw clint eastwood's conversation with an empty chair as a stand-in for president obama at the rnc convention last year. still ahead we're going to get the inspiration behind the empty chair idea. plus, stocks to watch ahead of the opening bell. we're going to check in with jim cramer at the new york stock exchange. >>> welcome back to a special edition of "squawk box" where we are live from pebble beach. yesterday we got the opportunity to catch up with clint eastwood and ask him about that famous empty chair speech at the republican national convention last year. obviously it caught a lot of people's attention, and he's still hearing from people when he walks down the street. here's what mr. eastwood had to say about that. >> i just decided to go a little different route because i figured they've already heard that from about ten other people in front of me. so i just try something little anew. and it probably seemed odd at the time. but, you know, i'm an odd per
joel, i'm glad you were here to help me do the math in realtime and rick, thanks a lot. >> okay, guys. coming up millions saw clint eastwood's conversation with an empty chair as a stand-in for president obama at the rnc convention last year. still ahead we're going to get the inspiration behind the empty chair idea. plus, stocks to watch ahead of the opening bell. we're going to check in with jim cramer at the new york stock exchange. >>> welcome back to a special edition of...
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effectively these guys are now kicking the ball back into obama's court. watch for comment on that in the state of the union address next week. >> just a few days ahead. get home before the snow starts building up. >> i'm running. >> thanks so much. >>> prominent business leaders met with senior administration officials yesterday on cutting the debt with budget cuts and new tax nues santelli has more on that. >> welcome, governor. it's great to have you. i know you didn't attend the most recent roundtable meeting at the white house. but maybe you can give me your sense of the current administration and how the business roundtable is trying to navigate. i have three topics. the first one is regulation. i just finished the isaacson book about jobs. first of all, he was wrong. he thought the president would be a one-term president. but when he talked about things like regulatory issues, he said, why should it be easier for the chinese to build a factory here in the u.s.? your thoughts, sir? >> well, the reason i wasn't at the white house, i was over across th
effectively these guys are now kicking the ball back into obama's court. watch for comment on that in the state of the union address next week. >> just a few days ahead. get home before the snow starts building up. >> i'm running. >> thanks so much. >>> prominent business leaders met with senior administration officials yesterday on cutting the debt with budget cuts and new tax nues santelli has more on that. >> welcome, governor. it's great to have you. i know...
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well, here at the big board, more green than red thanks to that powerful rally on wall street today. investors were encouraged by upbeat earnings from a variety of different companies. also, many investors are hopeful esident obama's state of the union address will spell out heo the economy. several big financial stocks led the market higher, but there were also big moves in retail and telecom services. shares of barclays surged on its plans to eliminate several thousand jobs as part of a three-year turnaround effort. the u.k. bank also hopes to rebuild its reputation afterhe admitting to trying to trying to rig interbank lending rates. investors like the plan to cut costs and better position the bank for a tougher regulatory environment. so the shares surged over 9% to $20.55. utbany of barclay's competitorsutlso moved highto. bank of america rose over 3%, making it the biggest gainer in the dow. j.p. morgan and travelers were both up about 1%. fashion designer michael kors was another big gainer thanks to better than expected third quarter earnings and revenues. the company credits
well, here at the big board, more green than red thanks to that powerful rally on wall street today. investors were encouraged by upbeat earnings from a variety of different companies. also, many investors are hopeful esident obama's state of the union address will spell out heo the economy. several big financial stocks led the market higher, but there were also big moves in retail and telecom services. shares of barclays surged on its plans to eliminate several thousand jobs as part of a...
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where are the people who are fighting with the obama administration is doing? i am doing what i can as one person. david: larry. thank you. thank you for your service. i appreciate you coming on. >> you bet. david: mainstream media has been ignoring a major issue. bob menendez. what exactly are they ignoring? we will tell you and whether or not they can much longer. that is next. lou: he is a legendary investor, author, local guru. jim rogers is my guest tonight. that is tonight at 7:00 p.m. eastern. ♪ david: senator menendez continues to make headlines. now doing so for the first time in the mainstream media. a friend of donor of the senator is is accused of overfilling the company. menendez supposedly intervened on his behalf. now the washington post is reporting the whole thing on the first page. liz: if it is true, the congressman has been opposed to reform of it and now he is intervening to help to get more money. the "new york times" even reported that he apparently helped this man continue to get his money out of the u.s. government. david: the washing
where are the people who are fighting with the obama administration is doing? i am doing what i can as one person. david: larry. thank you. thank you for your service. i appreciate you coming on. >> you bet. david: mainstream media has been ignoring a major issue. bob menendez. what exactly are they ignoring? we will tell you and whether or not they can much longer. that is next. lou: he is a legendary investor, author, local guru. jim rogers is my guest tonight. that is tonight at 7:00...
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thanks. david: one way to look at it. president obama delivering the first state of the union address of his new term tonight. liz: what can we expect from the president as lawmakers continue to battle over the budget? peter barnes at the white house with the very latest. peter? >> reporter: hey, david and liz, that's right. on the budget, at least, we're probably going to hear a lot of familiar ground, the same, pretty much the same familiar blueprint from the president tonight. he wants a balanced approach to deaf of sit reduction that would combine both higher tax revenues from closing tax loopholes, at least on this go around again combined with spending cuts including some entitlement reforms. but i also asked the president's, one of his top economic advisers, gene sperling, this morning what the president would say about energy. for example, would he announce his support for the keystone pipeline? here's what sperling said. >> the president thinks that energy is a critical part of our economic future, and he will ce
thanks. david: one way to look at it. president obama delivering the first state of the union address of his new term tonight. liz: what can we expect from the president as lawmakers continue to battle over the budget? peter barnes at the white house with the very latest. peter? >> reporter: hey, david and liz, that's right. on the budget, at least, we're probably going to hear a lot of familiar ground, the same, pretty much the same familiar blueprint from the president tonight. he wants...
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thank you. >> thank you. cheryl: all right. dennis: he is good. cheryl: small businesses are hoping that the president addresses some of their problems. anticipating better business conditions in the next six months despite higher taxes. president of little greek restaurant. how are you? >> hey, cheryl. cheryl: i am curious what you want to hear from the president tonight. >> i would say as i look at my fellow restaurant out there, we see a very weak recovery. we are not seeing the real pro-business, pro- growth strategies. there is also a lot of tension out there. small businesses are the lifeblood of this country. we are not really feeling that right now. cheryl: what about healthcare concerns? obamacare. the rush on this is we have 13 million employees. we employ 10% of the population. our profit per employee is -- we are trying to figure out what is in there and how much it will cost and how we are going to do it. it has become quiteea big battle. all of my partners in the restaurant industry, i have folks that are looking to open another rest
thank you. >> thank you. cheryl: all right. dennis: he is good. cheryl: small businesses are hoping that the president addresses some of their problems. anticipating better business conditions in the next six months despite higher taxes. president of little greek restaurant. how are you? >> hey, cheryl. cheryl: i am curious what you want to hear from the president tonight. >> i would say as i look at my fellow restaurant out there, we see a very weak recovery. we are not...
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president obama and our cia. i have to say, thank you for having grown-ups finally in charge of a movie and the intelligence community itself. now, if only, if only the folks will be as an adult. lori: why don't politicians just kind of accept the fact that all of these things do not happen in a vacuum? everything is situational. you know what i am saying? they want these specific answers from brennan in the documents from the administration lou: here is a man who has been serving his country honorably with great distinction and affect, yet we will have politicians try to make, try to create some sort of clinical leverage out of it. i think it is terrible that they are doing it. you can judge this man on any kind of basis, but to judge him because he is using the most effective tools at hand to move forward within the national interest, what with these people have him do? what they are saying is they do not want our intelligent committees doing the very best that they can to protect this country. lori: what are y
president obama and our cia. i have to say, thank you for having grown-ups finally in charge of a movie and the intelligence community itself. now, if only, if only the folks will be as an adult. lori: why don't politicians just kind of accept the fact that all of these things do not happen in a vacuum? everything is situational. you know what i am saying? they want these specific answers from brennan in the documents from the administration lou: here is a man who has been serving his country...
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it is very good to have you with us. >> thanks for having me. stuart: you have been all over our show this morning saying that the actress, eva longoria does not need a tax break. that's what you told the democrat national convention to cheers on the floor. how do you feel though about the tax increase which you've had? how do you feel about paying more than half your income to the government? >> well, you know, i'm a big believer on the theory that the economy -- [inaudible] -- that's where i view with president obama on it. i'm a small business owner now. so a lot of what's going to happen hopefully will happen will benefit the people that need it the most. so i have no problem paying more taxes for people who are going to need that. stuart: do you think that's fair? i mean, you work hard. i know you work hard. people who make serious money work very hard. do you think it's fair? just ask that question, fairness -- >> i think it is a great privilege to live in this country with all the benefits that we have to be an american. so i have no prob
it is very good to have you with us. >> thanks for having me. stuart: you have been all over our show this morning saying that the actress, eva longoria does not need a tax break. that's what you told the democrat national convention to cheers on the floor. how do you feel though about the tax increase which you've had? how do you feel about paying more than half your income to the government? >> well, you know, i'm a big believer on the theory that the economy -- [inaudible] --...